Yes, set RecordTick = false in your EA settings to disable tick recording.
In case you are struggling with poor machine performance, this may be a solution to increase it. If you are using the MacroStraddle on the same terminal as the FX BOLT EA, we recommend setting RecordTicks = false or increasing MSTimer to at least 1000 on the MacroStraddle as it may otherwise consume too many resources of the MT4.